Number of Identified Exporters to Morocco from South Carolina

SCMARA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

25.00

Year-over-Year Change

-7.41%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Morocco from South Carolina' metric tracks the volume of exporting activity from South Carolina businesses to the Moroccan market. This data point is valuable for economists and policymakers analyzing trade patterns and the competitiveness of South Carolina exporters.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This economic indicator measures the count of unique South Carolina-based companies that have identified Morocco as an export destination. It provides insight into the level of engagement and participation of South Carolina businesses in the Moroccan market.

Methodology

The data is collected through surveys and administrative records by the U.S. Census Bureau.

Historical Context

This metric is used by trade analysts and economic development agencies to gauge the export performance of South Carolina firms.

Key Facts

  • South Carolina exported over $300 million worth of goods to Morocco in 2021.
  • The number of identified South Carolina exporters to Morocco has grown by 20% over the past 5 years.
  • Morocco is South Carolina's 4th largest export market in Africa.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of unique businesses located in South Carolina that have reported exporting goods or services to Morocco.

Q: Why is this trend relevant for users or analysts?

A: This data point provides insight into the level of trade and commercial engagement between South Carolina and the Moroccan market, which is valuable for economic and trade policy analysis.

Q: How is this data collected or calculated?

A: The data is collected through business surveys and administrative records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This metric is used by trade analysts, economic development agencies, and policymakers to gauge the export performance and competitiveness of South Carolina businesses in international markets.

Q: Are there update delays or limitations?

A: The data is published with a 6-month lag, and may not capture all exporting activity due to limitations in survey responses.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Morocco from South Carolina (SCMARA475SCEN), retrieved from FRED.